Pharmaceutical Research and Manufacturers of America supports part of Clinton’s drug proposal — 4 insights

Hillary Clinton has an unlikely supporter in Pharmaceutical Research and Manufacturers of America, according to The Hill.

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Here are four insights:

1. PhRMA backs Ms. Clinton’s plan to cap a patient’s share of a drug’s cost at $250 each month.

2. PhRMA, however, strongly opposes Ms. Clinton’s plan to fight high drug costs.

3. While Clinton’s proposal does not impact a drug’s full price, it does force the insurance company to pay a larger portion of the cost.

4. PhRMA CEO Stephen Ubl said the group understands patients often face obstacles accessing their medicine due to high prices.

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